Brent WTI spread:  why it is narrowing

Brent WTI spread: why it is narrowing

After a great year in 2021 for oil prices, their strength will not wane in 2022. Just look at the performance of Brent and WTI since January 1. As such, if you have noticed that the price of WTI is...
Our Logo February 11, 2022 at 03:08 pm
Oil prices gain after IEA says market tight

Oil prices gain after IEA says market tight

LONDON -Oil prices rose on Friday after the International Energy Agency said oil markets were tight, but were still heading for weekly losses on inflation worries and U.S.-Iran which could boost...
February 11, 2022 at 12:07 pm
Oil:  Geopolitical instability returns to forefront

Oil: Geopolitical instability returns to forefront

Oil markets are definitely in Olympic form. Brent and WTI are up by almost 11% in 2022. Brent crude oil is now close to USD 88 per barrel, a price that has not been reached since 2014.
Our Logo January 19, 2022 at 11:17 am
Oil slips from one-month high after U.S. fuel inventory surge

Oil slips from one-month high after U.S. fuel inventory surge

Oil prices lost ground on Thursday, falling from their highest levels in more than a month after U.S. fuel stockpiles surged amid declining demand....
January 06, 2022 at 08:00 am
Commodities outperform in 2021 though gold loses its lustre

Commodities outperform in 2021 though gold loses its lustre

Commodities outperformed other assets this year as a recovery from the pandemic boosted demand though gold's poor showing dented investor appetite....
December 20, 2021 at 02:31 pm
Wheat set for second weekly decline on improved world supply outlook

Wheat set for second weekly decline on improved world supply outlook

Chicago wheat futures lost more ground on Friday, poised for a second straight weekly decline, after the U.S. Department of Agriculture forecast larger-than-expected global production, fuelling the...
December 10, 2021 at 05:19 am
Oil prices dive to two-month lows on COVID-19 variant, surplus jitters

Oil prices dive to two-month lows on COVID-19 variant, surplus jitters

Oil prices dived around 6% on Friday, hitting a two-month low as a new COVID-19 variant spooked investors and added to concerns that a supply surplus could swell in the first quarter....
November 26, 2021 at 03:06 pm
Oil near six-week low as China readies crude reserve release

Oil near six-week low as China readies crude reserve release

Oil prices slid to six-week lows on Thursday before recovering some ground, as China said it was moving to tap reserves after a Reuters report that the United States was asking large consuming...
November 18, 2021 at 12:32 pm
Oil:  Fresh boost due to supply tensions

Oil: Fresh boost due to supply tensions

The oil market slump did not last long. The decline in US production, temporarily affected by Hurricane Ida, has offset the increase in extractions decided by OPEC+, the organization following to the...
Our Logo September 22, 2021 at 01:41 pm
Precious metals:  bad week for palladium, gold recovers

Precious metals: bad week for palladium, gold recovers

Gold rebounded above $1,800 on Friday, supported by bets that central banks could keep interest rates relatively low to stave off persistent growth risks. On the week, however, the ounce lost ground...
Our Logo September 10, 2021 at 11:23 am
Corn down as USDA says U.S. crop better than expected

Corn down as USDA says U.S. crop better than expected

U.S. corn futures fell on Tuesday after a U.S. Department of Agriculture report eased concerns about the condition of crops in the United States. Soybeans firmed on hopes of more Chinese demand...
August 10, 2021 at 11:59 am
Commodities:  A backlash and Beijing's iron ore offensive

Commodities: A backlash and Beijing's iron ore offensive

The first half of the year has been full of twists and turns for commodity markets. Timber is certainly the most interesting case. Its price, which has doubled in a few months, is now back to levels...
Our Logo June 29, 2021 at 03:52 pm
Gold and cocoa miss out on broad-based commodity rebound

Gold and cocoa miss out on broad-based commodity rebound

The commodity boom has been much talked about lately, especially its impact on inflation expectations. This gives us the opportunity to take a quick look at the situation in order to better understand...
Our Logo May 11, 2021 at 03:28 pm
CO2 prices become punitive for coal plants in Europe

CO2 prices become punitive for coal plants in Europe

The soaring price of European Union emissions permits is prompting more utilities to switch from high-carbon coal to natural gas for power generation in Germany, which could accelerate the phase-out...
Our Logo April 21, 2021 at 02:47 pm
Exclusive:  Codelco chief bullish on copper price, fears fresh pandemic volatility

Exclusive: Codelco chief bullish on copper price, fears fresh pandemic volatility

Copper prices are likely to remain strong, but the spread of COVID-19 variants could spark fresh volatility in the market, the chairman of Chilean state miner Codelco, the world's largest copper...
April 07, 2021 at 08:01 pm
More than beans:  Nestle recycles cocoa fruit waste to replace sugar in chocolate

More than beans: Nestle recycles cocoa fruit waste to replace sugar in chocolate

As confectionery groups scramble to reduce added sugar, chocolate sweetened with cocoa fruit pulp is about to hit supermarket shelves with food giant Nestle ready to launch its Incoa bar....
March 18, 2021 at 07:34 pm
Oil slips, retreats from gains notched on strong Chinese data

Oil slips, retreats from gains notched on strong Chinese data

Oil prices edged lower on Monday, pulling back from early gains fostered on strong Chinese economic news and ongoing supply restraint from major oil producers....
March 15, 2021 at 08:01 pm
Oil settles near $70/bbl on hopes of recovering demand

Oil settles near $70/bbl on hopes of recovering demand

Oil settled near $70 a barrel on Friday, supported by production cuts by major oil producers and optimism about a demand recovery in the second half of the year....
March 12, 2021 at 08:49 pm
On a retro style milk truck, London entrepreneur chases a 'zero waste' future

On a retro style milk truck, London entrepreneur chases a 'zero waste' future

Heralded by the whirr of its underpowered electric engine and the clink of bottles stacked in crates on the back, Ella Shone's 'Topup Truck' started life ferrying morning milk to the doorsteps of...
February 25, 2021 at 08:05 am
England's sugar beet sector needs gene-editing - minister

England's sugar beet sector needs gene-editing - minister

Gene-editing could play a key role in England's sugar beet sector, Britain's farming and environment minister George Eustice said on Tuesday, reiterating his support for easing regulations...
February 23, 2021 at 03:03 pm